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05 Oct
01:36

Hard coking coal to average at $296: Macquarie

Macquarie forecasts premium low-volatile (low-vol) hard coking coal (HCC) to average at $296/tonne in 2024. The research house also foresees low-vol pulverized coal injection (PCI) and semi-soft coking coal (SSCC) at $192/t and $196/t respectively next year, Kallanish notes from its report. As the majority of new supply that could come online over the coming years is lower-quality metallurgical coal, Macquarie projects PCI and SSCC to trade at a discoun…
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